PR91218

AMSTERDAM, Aug. 19, 2021 /PRNewswire=KYODO JBN/ --

Adyen's (AMS:ADYEN) results reflect strong profitable growth during a half year

wherein longer-term trends (e.g. the digitization of commerce, the shift from

cash to cashless) further accelerated and were ingrained in shopper behavior

globally.

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Summary H1 2021

    - Processed volume was (EUR)216.0 billion, up 67% year-on-year

    - Net revenue was (EUR)445.0 million, up 46%* year-on-year

    - EBITDA of (EUR)272.7 million, up 65%* year-on-year

    - EBITDA margin was 61% as a result of strong net revenue growth paired

      with the operational scalability of the Adyen platform

    - Free cash flow conversion ratio was 90%, with CapEx at 5% of net

      revenue

Shareholder letter & financial results

You can find our full H1 2021 financial results and accompanying shareholder

letter here (https://c212.net/c/link/?t=0&l=en&o=3264264-1&h=4112895920&u=https%3A%2F%2Fwww.adyen.com%2Finvestor-relations%2Fh1-2021&a=here).

Earnings webcast

Today, at 3 PM CEST, Pieter van der Does (CEO) and Ingo Uytdehaage (CFO) will

host our H1 2021 earnings videoconference. You can access the live webcast here

(https://c212.net/c/link/?t=0&l=en&o=3264264-1&h=2311995252&u=https%3A%2F%2Fwww.adyen.com%2Finvestor-relations%2Fevents%2Fh1-2021-earnings-call&a=here). On this same webpage, a recording will be made available shortly following

the conference.

This press release contains information that qualifies, or may qualify, as

inside information within the meaning of Article 7(1) of the EU Market Abuse

Regulation.

About Adyen

Adyen is the payments platform of choice for many of the world's leading

companies, providing a modern end-to-end infrastructure connecting directly to

Visa, Mastercard, and consumers' globally preferred payment methods. Adyen

delivers frictionless payments across online, mobile, and in-store channels.

With offices across the world, Adyen serves customers including Facebook, Uber,

Spotify, Casper, Bonobos and L'Oréal.

Important Regulatory Notice

This announcement is not for publication, distribution or release, directly or

indirectly, in or into the United States of America (including its territories

and possessions, any state of the United States of America and the District of

Columbia), Canada, South Africa, Australia or Japan or any other jurisdiction

where such an announcement would be unlawful. The distribution of this

announcement may be restricted by law in certain jurisdictions and persons into

whose possession this document or other information referred to herein comes

should inform themselves about and observe any such restriction. Any failure to

comply with these restrictions may constitute a violation of the securities

laws of any such jurisdiction.

Adyen's securities have not been and will not be registered under the U.S.

Securities Act of 1933, as amended, and may not be offered or sold in the

United States without registration thereunder or pursuant to an available

exemption therefrom. Neither this document nor the information contained herein

constitutes or forms part of an offer to sell, or the solicitation of an offer

to buy, securities in the United States.

This announcement is not an offer of securities or investments for sale nor a

solicitation of an offer to buy securities or investments in any jurisdiction,

including the United States, Canada, South Africa, Australia or Japan. Neither

this announcement nor anything contained herein shall form the basis of, or be

relied upon in connection with, any offer or commitment whatsoever in any

jurisdiction. No action has been taken that would permit an offering of

securities or possession or distribution of this announcement in any

jurisdiction where action for that purpose is required. Persons into whose

possession this announcement comes are required to inform themselves about and

to observe any such restrictions.

The information contained in this announcement is for background purposes only

and does not purport to be full or complete. No reliance may be placed for any

purpose on the information contained in this announcement or its accuracy or

completeness. This announcement does not purport to identify or suggest the

risks (direct or indirect) which may be associated with an investment in Adyen

securities. Any investment decision in connection with Adyen securities must be

made solely on the basis of all publicly available information relating to such

Adyen securities.

This communication may be restricted by law in certain jurisdictions and

persons receiving this communication should inform themselves about and observe

any such restriction and must not under any circumstances forward this

communication to any other person. Failure to comply with such restrictions may

violate securities laws of any such jurisdiction.

Unsponsored ADRs: As of October 10, 2008, the US Securities and Exchange

Commission (SEC) published revisions to Exchange Act Rule 12g3-2(b) which

permits depository institutions to establish unsponsored ADR programs without

the participation of a non-US issuer. Adyen NV does not consent to the

establishment of any unsponsored ADR program, and further does not authorize,

endorse, support or encourage the creation of any such unsponsored ADR program

in respect of its securities. Adyen NV will not actively, directly or

indirectly participate in the creation of any unsponsored ADR program. Adyen NV

specifically disclaims any liability whatsoever arising out of or in connection

with any unsponsored ADR program. Adyen NV does not represent to any depository

institution or any other person, nor should any depository institution or any

person rely on a belief that the website of Adyen NV includes all published

information in English or that Adyen NV otherwise satisfies the exemption

criteria set forth in Exchange Act Rule 12g3-2(b).

* As disclosed in our 2020 annual and H2 2020 interim condensed consolidated

financial statements, comparative figures have been adjusted since prior

publications. Please refer to our H1 2021 Interim Condensed Consolidated

Financial Statements for further detail.

SOURCE: Adyen Inc.

Contact: press@adyen.com; ir@adyen.com